Perplexity AI, a developer of a popular AI search engine, is close to raising a $50 million venture fund focused on early-stage AI startups. The company will be an anchor investor in the fund, with most of the capital coming from outside limited partners. The fund will be led by Kelly Graziadei and Joanna Lee Shevelenko, who have experience running early-stage fund f7 Ventures.
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Southwest Airlines Baggage Change: Which Airlines Charge for Checked Bags?
Southwest Airlines is ending its free checked baggage policy starting May 28, except for A-List Preferred members and Business Select ticket holders. The airline aims to increase revenue and attract new customers by implementing baggage fees aligned with industry norms. Baggage fees have become a significant revenue source for airlines, with competitors like American, Delta, and United earning billions from checked baggage charges. Full Article
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